External balance on goods and services (current US$), annual growth in Bermuda
Bermuda: External balance on goods and services (current US$), annual growth was 15.37 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current US$), annual growth in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current us$), annual growth in Bermuda is 15.37 % change on previous year, measured in 2024.
Compared with earlier readings it is down 46.3% on the previous year and up 405.2% over ten years.
Over the whole period, external balance on goods and services (current us$), annual growth in Bermuda peaked at 28.62 % change on previous year in 2023 and was at its lowest, -15.26 % change on previous year, in 2020.
Bermuda ranks 50th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 1.54 % change on previous year | — |
| 2012 | -4.45 % change on previous year | -389.1% |
| 2013 | 0.3067 % change on previous year | -106.9% |
| 2014 | -5.03 % change on previous year | -1741.3% |
| 2015 | 7.13 % change on previous year | -241.6% |
| 2016 | 0.8234 % change on previous year | -88.5% |
| 2017 | -1.39 % change on previous year | -268.3% |
| 2018 | 4.12 % change on previous year | -397.2% |
| 2019 | 4.85 % change on previous year | +17.8% |
| 2020 | -15.26 % change on previous year | -414.7% |
| 2021 | 2.24 % change on previous year | -114.7% |
| 2022 | 11.8 % change on previous year | +426.4% |
| 2023 | 28.62 % change on previous year | +142.5% |
| 2024 | 15.37 % change on previous year | -46.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8774 % change on previous year | -5.03 % change on previous year | 7.13 % change on previous year | 9 |
| 2020s | 8.55 % change on previous year | -15.26 % change on previous year | 28.62 % change on previous year | 5 |
Countries ranked near Bermuda
- 47 Thailand 16.89 % change on previous year compare
- 48 Malaysia 16.45 % change on previous year compare
- 49 New Caledonia 16.32 % change on previous year compare
- 51 Ireland 13.87 % change on previous year compare
- 52 Palau 13.63 % change on previous year compare
- 53 Macau, China 13.04 % change on previous year compare
More economy & growth data for Bermuda
- Industry (including construction), value added (constant LCU), per 0.0414 constant LCU per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.9131 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current US$), per unit of GDP 0.9131 current US$ per US$ of GDP (2024)
- Services, value added (current US$), annual growth rate 6.68 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 5,892 constant LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 0.0432 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in Bermuda?
- External balance on goods and services (current us$), annual growth in Bermuda was 15.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), annual growth recorded in Bermuda?
- The highest recorded value was 28.62 % change on previous year in 2023.
- What is the lowest external balance on goods and services (current us$), annual growth recorded in Bermuda?
- The lowest recorded value was -15.26 % change on previous year in 2020.
- How does Bermuda rank for external balance on goods and services (current us$), annual growth?
- Bermuda ranks 50th out of 192 countries with data for 2024.
- Is external balance on goods and services (current us$), annual growth rising or falling in Bermuda?
- Over the last ten years it is up 405.2%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.